SCHEDULE: Insider Boosts Zeo Scientifix Stake to 43% Voting Power

Wendy Grey and Greyt Ventures, LLC increased their beneficial ownership in Zeo Scientifix, Inc., now holding 43.02% of the total voting power through common and preferred stock.

Summary

• Wendy Grey and Greyt Ventures, LLC (the "Reporting Persons") filed an Amendment No. 1 to their Schedule 13D, updating their beneficial ownership in Zeo Scientifix, Inc.
• The Reporting Persons now beneficially own 1,405,000 shares of common stock, including 1,155,000 shares issuable upon exercise of warrants.
• This represents 17.52% of the common stock outstanding, based on 7,614,941 shares as of January 28, 2026.
• Additionally, the Reporting Persons hold 50 shares of Series C Preferred Stock, which grants an additional 25.5% of the total voting power.
• The aggregate voting power held by the Reporting Persons is now 43.02%.
• The increase in common stock ownership is due to warrants granted under the Issuer's 2021 Equity Incentive Plan: 350,000 shares on July 11, 2024, and 55,000 shares on May 16, 2025, both at a price of $0.00.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as moderately positive due to increased insider alignment, but the high concentration of voting power and lack of explicit future plans from the reporting person introduce some uncertainty.

Positives

• Increased insider ownership, indicating confidence from a significant stakeholder.
• No adverse legal proceedings or convictions reported for the Reporting Person in the last five years.
• The acquisition of warrants at $0.00 suggests these were compensation or incentive-based, aligning insider interests with company performance.

Negatives

• The warrants were granted at $0.00, which could imply dilution for existing shareholders if exercised without a corresponding capital infusion.
• No definite plans for future acquisitions or dispositions of shares, or changes to the company's structure, which could be seen as a lack of clear strategic direction from this significant shareholder.

Risks

• Potential dilution for existing common stockholders upon the exercise of the 1,155,000 warrants held by the Reporting Person.
• The significant voting power (43.02%) held by a single reporting person/group could concentrate control and influence corporate decisions.

Future Outlook

The Reporting Person currently has no definite plan to acquire or dispose of additional shares of the Issuer's common stock, but may do so in the future. There is also no definite plan for the Issuer to issue additional shares to the Reporting Person under equity incentive plans, though the board or a committee may decide to do so.

Management Comments

• The Reporting Person has no definite plan to acquire or dispose of additional shares of the Issuer's common stock in open market or private transactions, but may do so in the future, subject to compliance with the Exchange Act and the rules and regulations thereunder.
• While there is no definite plan to issue additional shares of the Issuer's common stock to the Reporting Person under one or more of the Issuer's equity incentive plans, the board of directors or a committee thereof may determine to issue awards of shares of common stock under such plans to the Reporting Person from time to time in the future.

Industry Context

StockSavvy.ai notes that an increase in insider ownership, particularly through equity incentive plans, can signal management's confidence in the company's future prospects. However, the concentration of significant voting power (43.02%) in a single entity like Wendy Grey and Greyt Ventures, LLC, could raise questions about corporate control and potential influence on strategic decisions, a common theme in smaller-cap companies where founders or early investors retain substantial stakes.

Comparison to Industry Standards

• StockSavvy.ai observes that a 43.02% aggregate voting power for a single reporting person is a substantial stake, often seen in early-stage or founder-led companies. For instance, in tech startups, founders frequently retain super-voting shares or significant common stock holdings that can exceed 50% of voting power, such as Mark Zuckerberg's control over Meta Platforms (formerly Facebook) or Larry Page and Sergey Brin's historical control over Alphabet.
• While not uncommon, this level of control can be higher than the average institutional investor's stake in more mature, widely held public companies, where ownership is typically more dispersed.
• The acquisition of warrants at a $0.00 price is standard for equity incentive plans, aligning with practices seen in many public companies to incentivize key personnel, similar to stock options granted to executives at companies like Apple or Microsoft.

Stakeholder Impact

• Shareholders: Potential for increased alignment with a significant insider, but also potential for dilution from warrant exercises and concentrated voting power.
• Management: The Reporting Person's significant voting power could influence strategic decisions and corporate direction.

Next Steps

• The Reporting Person may acquire or dispose of additional shares in the future, subject to compliance with the Exchange Act.
• The Issuer's board or a committee may determine to issue additional awards of common stock to the Reporting Person under equity incentive plans in the future.

Key Dates

Recommendation

The increase in insider ownership to a substantial 43.02% voting power, primarily through warrants from an equity incentive plan, suggests strong conviction from a key stakeholder. This can be a positive signal for long-term investors, indicating alignment of interests. However, the filing explicitly states no definite plans for future transactions or corporate changes, which limits immediate catalysts. The concentration of voting power, while not inherently negative, warrants careful monitoring for its potential impact on corporate governance and strategic direction. Given the lack of new operational or financial disclosures, a 'hold' recommendation is appropriate, advising investors to maintain their current position while observing future developments related to the company's performance and the reporting person's actions.

Keywords

Zeo Scientifix, Schedule 13D, Beneficial Ownership, Insider Ownership, Voting Power, Warrants, Equity Incentive Plan, Corporate Governance, SEC Filing